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Centaurus Trend Engine

Centaurus Trend Engine is an indicator that uses custom indicators with a multi-timeframe approach to trading.

Value Area

  • It is the rectangular box on your chart which is based on the highs & lows of the 100 Simple Moving Average Structure

Analysis

  • Displays Bullish/Bearish Moving Average

Strength

  • Displays Weak/Strong Relative Strength Index

Trend

  • Displays Bullish/Sideways/Bearish Average Directional Movement Index

Entry Status

  • Displays the BEST entry time for trades


Parameters

Settings

  • Analysis Period - Set Moving Average, default set to 20
  • Strength Period - Set RSI, default set to 14
  • Trend Period - Set ADX, default set to 14
  • High Low Alert - Set Alert for Best Entry on Trend Continuation Setups
  • Value Area Alert - Set Alert when Price is at the Value Area
  • Value Area Color - Set color for Value Area, default set to Gold‌
  • Horizontal - Set the distance of the Trend Engine panel to the left or right
  • Vertical - Set the distance of Trend Engine panel to top or bottom

High Probability Trade Setups

Value Area Trade Setup

  • SHORT SETUP - Wait for PRICE TO CLOSE INSIDE THE VALUE AREA then take a PUT Trade with strong confluence from the Trend Engine and the Entry State suggests you GO SHORT
  • LONG SETUP - Wait for PRICE TO CLOSE INSIDE THE VALUE AREA then take a CALL Trade with strong confluence from the Trend Engine and the Entry State suggests you GO LONG‌

Trend Continuation Setup

  • SHORT SETUP - Take this trade setup when PRICE IS UNDER THE VALUE AREA for a PUT with strong confluence from the Trend Engine and the Entry State suggests you GO SHORT
  • LONG SETUP - Take this trade setup when PRICE IS ABOVE THE VALUE AREA for a CALL with strong confluence from the Trend Engine and the Entry State suggests you GO LONG‌


Advantages

  • You can use it in ALL financial markets including binary options on ALL asset classes or instruments
  • Less clutter on your chart giving you a neat & tidy chart therefore no information overload‌


Recommendations

  • Support ALL Timeframes
  • Test on a demo account first for at least 2 weeks; Practice makes perfect

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Version 1.1 - 2017.07.26
Better Entry Signal